Stock Market Update
26-Aug-25 14:30 ET
S&P 500 edges higher as LLY soars on obesity drug data; GE Vernova, Howmet rally while eBay sinks
Dow +21.87
at 45304.34,
Nasdaq +33.72
at 21481.62,
S&P +8.14
at 6447.46
[BRIEFING.COM] The S&P 500 (+0.13%) is in second place on Tuesday afternoon, up about 8 points.
Briefly, S&P 500 constituents Eli Lilly (LLY 726.50, +31.17, +4.48%), GE Vernova (GEV 620.12, +17.81, +2.96%), and Howmet Aerospace (HWM 175.69, +4.45, +2.60%) dot the top of the standings. LLY outperforms after its oral obesity drug orforglipron delivered Phase 3 results at the high end of expectations, showing injectable-like weight loss with manageable safety, while GEV bucks recent weakness in the wind energy space, while HWM is among select defense stocks higher today on reports the Department of Defense is eyeing equity stakes in defense contractors.
Meanwhile, eBay (EBAY 93.58, -4.97, -5.04%) is one of today's top laggards.
